June 04, 2020 | Currency Current Rate Overnight Change EUR 1.12 - 0.55% GBP 1.25 + 0.08% CHF 0.95 - 0.42% CAD 1.35 - 0.19% JPY 108 + 0.17% MXN 22.5 + 0.34% Overview  The U.S. dollar spent most of the evening enjoying relative calm after falling for five consecutive days.  However, the greenback is back under selling pressure in early trading as European Central Bank actions improved market sentiment and reduced demand for safe-havens.  It is Thursday which means it is jobless claims day.  Initial claims fell to 1.88M last week from over 2M a week prior.  While the trend shows that...

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June 03, 2020 | On May 28, 2020, President Trump signed an "Executive Order on Preventing Online Censorship" directed to Section 230 of the Communications Decency Act (47 U.S.C. §230(c)). Section 230 has long afforded protections to interactive computer services against litigation over their hosting and moderation of online content. In hundreds of cases since the law was passed in 1996, courts have held that Section 230 immunizes online services from claims based upon their hosting of third-party content, and...

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This Tax Alert will address two Dutch international tax policy proposals as included in letters that the Dutch State Secretary of Finance recently sent to the Dutch parliament on 29 May 2020. We note that the proposals are still subject to parliamentary discussion and that at this moment in time, no legal text is available. 1. Proposal to introduce dividend withholding tax in relation to low tax jurisdictions as per 2024 The first letter dated 29 May 2020 contains an announcement...

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May 27, 2020 | The conundrum is harnessing the power of technology while not becoming a slave to it,” David Heron, Chief Medical Officer at British Petroleum says. “We should be helping people to take a break from their workstation rather than facilitating them spending more time on the laptop.” The experience of working from home has brought a combination of remarkable achievements and fundamental questions. Zoom and WebEx as well as the timely arrival of Microsoft Teams provided a very efficient way...

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June 02, 2020 | On May 29, 2020, President Trump issued an executive order suspending the admission of Chinese nationals seeking entry to the U.S. with F-1 or J-1 visas if those visa holders have been affiliated with certain institutions tied to the Chinese military. According to the order, Chinese authorities “use some Chinese students, mostly post-graduate students and post-doctorate researchers, to operate as non-traditional collectors of intellectual property,” which threatens U.S. “economic vitality and the safety and security of the American...

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According to OECD Innovative Response Tracker, Portugal is the country with more innovative projects to fight Covid19, followed by the UK, Ireland and the USA. Compliments of AICEP Portugal Global - a member of the EACCNY.

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We are excited to announce today that AlixPartners has acquired Matrix Economics, a leading independent economics consulting boutique, specializing in complex antitrust litigation, mergers, and regulatory proceedings. Dr. Tasneem Chipty, Founder and Managing Principal of Matrix Economics, will lead our U.S. Economics practice, and the Matrix team will continue to be based in Boston. This combination will bolster the firm’s global Economics Consulting practice, offering significant benefits to you, our clients. Together, we strengthen our ability to respond quickly and...

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June 1, 2020 | The investment climate in June will be shaped by forces that emerged in May.  Many countries began relaxing lockdowns and various activity-based alternative data, like traffic pattern, Open Table Reservations showed improvement on the margins.  Sentiment surveys, while mostly still depressed, were better than April readings.  The long slog back has begun.  There was also optimism over several different vaccines that had been initiated or soon will begin human tests.  The hope is that with regulatory...

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TreppWire has introduced a weekly podcast that provides listeners with up-to-date information on commercial real estate, structured finance and banking by exploring how recent events have impacted the markets and the daily lives of market participants. So far, the episodes have consisted of the following: Latest Episode: The Future of CRE with Brian Stoffers, Global President at CBRE and MBA Chairman (June 23rd, 2020) Episode 16: Signs of Stress in the Corporate CLO Market, Record-Breaking CMBS Delinquencies, Exodus from Big Cities (June 18th,...

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